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Today's Rates



SAVINGS RATES AND TERMS

Type of Account Minimum Opening Balance Interest Rate Annual Percentage Yield Balance Required to Obtain APY
Statement Savings $100 0.20% 0.20% $100
Holiday Club $1 Bonus Payment on Completed Clubs N/A N/A
Vacation Club $1 Bonus Payment on Completed Clubs N/A N/A
Money Market $100
0.10%
0.20%
0.10%
0.20%
$100 thru $2,499.99
$2,500 plus
Premier Money Market $2,500
0.49%
0.74%
0.50%
0.75%
$10,000 thru $24,999.99
$25,000 thru $49,999.99
  0.98% 1.00% $50,000 plus

Variable Rate Accounts. Rate may change after account is opened.

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.  

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE.



CERTIFICATES OF DEPOSIT RATES AND TERMS

Type of Account Minimum Opening Balance Interest Rate Annual Percentage Yield
6 Month $1,000 0.39% 0.40%
12 Month $1,000 1.47% 1.50%
13 Month (1,4) $25,000 2.39% 2.45%
14 Month Special Promo (5) $250 with Premier Interest Checking 2.44% 2.50%
18 Month $1,000 0.74% 0.75%
24 Month $1,000 1.95% 2.00%
30 Month $1,000 1.95% 2.00%
36 Month $1,000 2.44% 2.50%
48 Month $1,000 2.68% 2.75%
60 Month (maximum $250,000) (2,3,4) $1,000 2.92% 3.00%
84 Month (3,4) $1,000 3.15% 3.25%

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.    

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. Penalties for early withdrawal.

 

1. Minimum deposit of $25,000 to open. All deposits must be new-to-bank funds and cannot be transferred from an existing account. Maturing CD customers can add $25,000 from an outside source to an existing 13-Month CD to receive the 2.45% APY. CD automatically renews at maturity. Each renewal term will be 12 months. The APY for the renewal term will be the APY in effect for the 12-month CD at the time of renewal. You will have 7 calendar days after the maturity date to withdraw funds without penalty. 2. Maximum deposit of $250,000 for each Tax ID. 3. Minimum deposit of $1,000 to open. For IRA Bump-Up Certificate of Deposit (CD) Accounts, during your term you are permitted to make a one-time request to increase your interest rate at your discretion. Your request to adjust your interest rate is limited to the rate in effect for your IRA Bump-Up CD at the time of your request. A one-time interest rate increase will not extend the original maturity date of your account. 4. Annual Percentage Yield (APY) effective as of 8/8/18. APYs are subject to change without notice and offer may be withdrawn at any time without notice. No public or corporate funds. Penalty for early withdrawal. Fees could reduce earnings. Other rates and terms also available.

 

5. Annual Percentage Yield (APY) is accurate as of 8/8/18. To qualify to open a 14-Month CD at 2.50% APY ($250 minimum deposit to open, maximum deposit of $250,000 for each Tax ID), you must open or have a Premier Interest Checking Account (PICA). The PICA is an interest-bearing checking account that has a $100 minimum deposit to open and a $1,000 minimum balance to avoid a $10 monthly service fee. All deposits in the 14-Month CD must be new-to-bank funds and can’t be transferred from an existing account. As long as the PICA remains open, you may deposit new-to-bank funds ($250 minimum increments) to the initial maturity date of the 14-Month CD (principal balance cannot exceed $250,000). If the PICA is closed, the APY of the 14-Month CD will convert to our current 12-Month CD APY and additional deposits into the CD will no longer be permitted. Penalty for early withdrawal. Fees could reduce earnings. No public or corporate funds. CD automatically renews at maturity. Each renewal term will be 12 months. The APY for the renewal term will be the APY in effect for the 12-month CD at the time of renewal. You will have 7 calendar days after the maturity date to withdraw funds without penalty. This offer may be withdrawn or changed at any time for any reason without notice. Other rates and terms also are available. 

See a customer service representative or visit rosellesavings.com for more details.



IRA CERTIFICATES OF DEPOST RATES AND TERMS

Type of Account Minimum Opening Balance Interest Rate Annual Percentage Yield
12 Month $1,000 1.47% 1.50%
18 Month (Fixed Rate) $1,000 0.74% 0.75%
24 Month $1,000 1.95% 2.00%
30 Month $1,000 1.95% 2.00%
36 Month $1,000 2.44% 2.50%
48 Month $1,000 2.68% 2.75%
60 Month (maximum $250,000) (2,3,4) $1,000 2.92% 3.00%
84 Month (3,4) $1,000 3.15% 3.25%

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.    

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. Penalties for early withdrawal.

 

2. Maximum deposit of $250,000 for each Tax ID. 3. Minimum deposit of $1,000 to open. For IRA Bump-Up Certificate of Deposit (CD) Accounts, during your term you are permitted to make a one-time request to increase your interest rate at your discretion. Your request to adjust your interest rate is limited to the rate in effect for your IRA Bump-Up CD at the time of your request. A one-time interest rate increase will not extend the original maturity date of your account. 4. Annual Percentage Yield (APY) effective as of 8/8/18. APYs are subject to change without notice and offer may be withdrawn at any time without notice. No public or corporate funds. Penalty for early withdrawal. Fees could reduce earnings. Other rates and terms also available. See a customer service representative or visit www.roselle.bank for more details.



CHECKING RATES AND TERMS

Type of Account Minimum Opening Balance Interest Rate Annual Percentage Yield Balance Required to Obtain APY
Premier Interest Checking $100
0.10%
0.25%
0.10%
0.25%
$100 thru $2,499.99
$2,500 plus
Regular Checking $100
eChecking $100
NJ Consumer Checking Account $50

Variable Rate Account. Rate may change after account is opened.

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.    

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE.

Mortgage products are available for properties located in select counties of New Jersey only. Visit our Mortgage Center for more information about our mortgage products.



MORTGAGE RATES AND TERMS

Type of Loan (3) Rate APR Points Monthly Payment Per $1,000 Borrowed (3)
Loans $750,000 or Less LTV <90%
30 Year Fixed Rate 4.375% 4.411% (1) 0.000%
360 payments of $5.00 per $1,000
borrowed at an interest rate of 4.375%
15 Year Fixed Rate 3.625% 3.688% (1) 0.000%
180 payments of $7.21 per $1,000
borrowed at an interest rate of 3.625%
10 Year Fixed Rate 3.500% 3.590% (1) 0.000%
120 payments of $9.89 per $1,000
borrowed at an interest rate of 3.500%
5/1 30 Year Adjustable Rate (4) 3.750% 4.651% (1) 0.000%
See below (4)
7/1 30 Year Adjustable Rate (4) 4.000% 4.615% (1) 0.000%
See below (4)
10/1 30 Year Adjustable Rate (4) 4.250% 4.609% (1) 0.000%
See Below (4)
Loans $750,001 to $1,000,000 LTV 80%
30 Year Fixed Rate 4.625% 4.638% (2) 0.000%
360 payments of $5.15 per $1,000
borrowed at an interest rate of 4.625%
15 Year Fixed Rate 4.125% 4.147% (2) 0.000%
180 payments of $7.46 per $1,000
borrowed at an interest rate of 4.125%
10 Year Fixed Rate 3.875% 3.906% (2) 0.000%
120 payments of $10.07 per $1,000
borrowed at an interest rate of 3.875%
First Time Home Buyer - $450,000 or Less LTV <90%
30 Year Fixed Rate 4.000% 4.036% (1) 0.000%
360 payments of $4.78 per $1,000
borrowed at an interest rate of 4.000%

1The APR (Annual Percentage Rate) is based on a mortgage amount of $250,000.

2The APR (Annual Percentage Rate) is based on a mortgage amount of $800,000.

3For All Loans:

  • APR=Annual Percentage Rate

  • LTV=Loan-to-Value

  • Monthly payment amounts stated above consist of principal & interest amounts only and do not include property taxes, hazard insurance, and/or flood insurance premiums (if applicable). Your actual payment obligation will be greater.

  • To see what your monthly principal and interest payment would be, divide your mortgage amount by $1,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a 30 Year Fixed Rate mortgage amount of $250,000 would be: $250,000 ÷ $1,000 = 250; 250 x $4.92 = $1,230.00 principal and interest payment per month.)

4For Adjustable Rate Loans:

  • The interest rate and APR may be increased after consummation.

  • On a 5/1 30 Year Adjustable Rate, the interest rate will not change for the first 60 months of the loan. After the first 60 months, the interest rate can change yearly.

    • 60 payments of $4.63 per $1,000 borrowed at an interest rate of 3.750%

    • 300 payments of $5.92 per $1,000 borrowed at an interest rate of 5.125%
  • On a 7/1 30 Year Adjustable Rate, the interest rate will not change for the first 84 months of the loan. After the first 84 months, the interest rate can change yearly.

    • 84 payments of $4.77 per $1,000 borrowed at an interest rate of 4.000%
    • 276 payments of $6.18 per $1,000 borrowed at an interest rate of 5.125%
  • On a 10/1 30 Year Adjustable Rate, the interest rate will not change for the first 120 months of the loan. After the first 120 months, the interest rate can change yearly.

    • 120 payments of $4.92 per $1,000 borrowed at an interest rate of 4.250%
    • 240 payments of $6.67 per $1,000 borrowed at an interest rate of 5.125%
  • The interest rate cannot increase or decrease more than 2 percentage points per year.

  • The initial interest rate cannot increase or decrease more than 6 percentage points over the term of the loan.

  • The interest rate cannot be less than 3 percent over the term of the loan.

 

Available to individuals residing in the New Jersey Counties of Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Passaic, Somerset, Sussex, Union and Warren.

ROSELLE SAVINGS BANK - FEE SCHEDULE

NJ Consumer Checking Account

Roselle Savings Bank has a NJ Consumer Checking Account. There is a $3.00 monthly service charge regardless of balance.

 

Money Market Account

The monthly service fee if the daily balance drops below $1,000 any day during the monthly statement cycle is $5.00. There is no monthly service charge regardless of balance for depositors 55 years of age or older.

 

Statement Savings Account

There is no monthly service charge.



Other Account Fees

Fee
Account Close Within 6 Months of Opening $10.00
Account Certification Letter $15.00
Account Research/Reconciliation (Per Hour/ One Hour Minimum) $25.00
Automatic Transfer to cover overdraft $3.00
Bank Check $7.00
Copy of Paid Check or Money Order $5.00
Copy of Statement (Per Page) $5.00
Dormant Account (Per Month, after 3 years of inactivity) $5.00
Expedited Debit Card Delivery $75.00
Inactivity Fee (Per Month, after 12 months of inactivity) $5.00
Insufficient/ Uncollected Funds $30.00
Levy and Lien Processing $75.00
Lost Passbook Replacement $5.00
Money Orders (Per Order) $3.00
Notary Services No Fee
Paper Statement Fee $3.00
Redeposit Return Item (Per Item) $5.00
Replacement Debit Card $5.00
Returned Item $12.00
Safe Deposit Box Key Replacement (Per Key) $25.00
Snapshot Statement $3.00
Stop Payment $20.00
Wire Transfer - Domestic, Outgoing $20.00
Wire Transfer - Domestic, Incoming $15.00
Checking Printing Fees Vary By Style of Checks Ordered
Safe Deposit Box Drilling At Box Renter's Expense

Online Services

 



Person-to-Person (Popmoney) Fees

Fee
Send Money $1.00 - $999.99 - 3 Day $1.00
Send Money $1,000.00 & above - 3 Day $2.00
Send Money $1.00 - $999.99 - Next Day $1.50
Send Money $1,000.00 & above - Next Day $3.00
Request Money $1.00 - $999.99 - 3 Day $1.00
Request Money $1,000.00 & above - 3 Day $2.00
Popmoney Stop Payments $10.00
Popmoney E-Greetings $0.25



Account to Account (A2A) Fees

Fee
Outbound Transfer $2.00
Internal/Inbound Transfer N/C



Bill Payment

Fee
Non-Active (Per Statement Cycle) $5.00
Overnight Check (ONC) $15.00
Same-Day Bill Pay (SDBP) $10.00

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